Cryptocurrency is the Next Brick in the Digitalization of the Entertainment Industry

The entertainment industry has started making the move from physical sales to streaming services. But this digitalization isn’t quite complete until we’ve removed the unnecessary middlemen with smart contracts and cryptocurrency payments. In this article we show the evolution and the new opportunities that arise in the music and film industries and give real examples of decentralized projects.

Recently there has been a huge upsurge of interest in everything related to the blockchain. Though it was mostly provoked by Bitcoin’s rate fluctuations, blockchain technology has fostered public awareness of its implementation potential in a